Metro Bank PLC (MTRO) Given “Sell” Rating at Goldman Sachs Group Inc.
Metro Bank PLC (LON:MTRO)‘s stock had its “sell” rating reiterated by Goldman Sachs Group Inc. in a report released on Friday. They currently have a GBX 2,100 ($26.24) target price on the stock. Goldman Sachs Group Inc.’s price objective points to a potential downside of 37.43% from the company’s previous close.
A number of other analysts have also weighed in on the stock. Numis Securities Ltd assumed coverage on shares of Metro Bank PLC in a research note on Wednesday, September 28th. They set a “sell” rating and a GBX 1,800 ($22.49) price objective for the company. Jefferies Group reiterated a “buy” rating and issued a GBX 3,000 ($37.48) price target on shares of Metro Bank PLC in a research note on Thursday, October 27th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 2,344 ($29.29).
Shares of Metro Bank PLC (LON:MTRO) opened at 3377.00 on Friday. The stock’s market capitalization is GBX 2.71 billion. Metro Bank PLC has a 1-year low of GBX 1,501.00 and a 1-year high of GBX 3,425.00. The firm has a 50-day moving average of GBX 2,843.35 and a 200 day moving average of GBX 2,390.14.
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Metro Bank PLC Company Profile
Metro Bank PLC (the Bank) is a deposit-taking and lending institution. The Bank’s principal activities include provision of banking and related services through stores, telephony, Internet and mobile. It is focused on retail and small and medium size commercial customers. It offers personal and business banking services.
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